MIDI plc - Commencement of Works

Monday, February 18th, 2013

On 15 February, MIDI plc issued a Company Announcement replicating an earlier press release confirming the commencement of construction works on the residential block known as T17 East located on the foreshore of Tigne Point. The new 13-storey block, which is one of the two remaining residential blocks to be built on Tigne Point, comprises 35 apartments and 3 duplex penthouses. The announcement also noted that all excavation works, underground parking bays, roads and service network routes are already complete.

In reference to the overall project, the announcement stated that MIDI has to date sold and delivered over 98% of the apartments already constructed.